52 jobs saved at Leeds-based Bagel Nash as firm is bought out of administration

BDO LLP business restructuring partners Graham Newton and Danny Dartnaill were appointed joint administrators of Bagel Nash Limited on 4 August 2020.

Based in Leeds, the company produces and sells artisan bagels, employing 52 people.

Following an accelerated merger and acquisition (AMA) process, a sale of the company’s business and assets was completed on 4 August 2020 to Golden Acre Bakery Limited, which is part of the Golden Acre Food Group.

Graham Newton, BDO business restructuring partner, said: “Due to the challenging market conditions brought about by COVID-19, the company engaged BDO to undertake an AMA of the business and assets.

"Following a successful completion of the sale, all employees have been retained.”

The firm's retail sites remain unaffected, a BDO spokesman said.

Editor’s note: first and foremost - and rarely have I written down these words with more sincerity - I hope this finds you well.

Almost certainly you are here because you value the quality and the integrity of the journalism produced by The Yorkshire Post’s journalists - almost all of which live alongside you in Yorkshire, spending the wages they earn with Yorkshire businesses - who last year took this title to the industry watchdog’s Most Trusted Newspaper in Britain accolade.

And that is why I must make an urgent request of you: as advertising revenue declines, your support becomes evermore crucial to the maintenance of the journalistic standards expected of The Yorkshire Post. If you can, safely, please buy a paper or take up a subscription. We want to continue to make you proud of Yorkshire’s National Newspaper but we are going to need your help.

Postal subscription copies can be ordered by calling 0330 4030066 or by emailing [email protected]. Vouchers, to be exchanged at retail sales outlets - our newsagents need you, too - can be subscribed to by contacting subscriptions on 0330 1235950 or by visiting www.localsubsplus.co.uk where you should select The Yorkshire Post from the list of titles available.

If you want to help right now, download our tablet app from the App / Play Stores. Every contribution you make helps to provide this county with the best regional journalism in the country.

Sincerely. Thank you.

James Mitchinson

Editor